Which of the Following Statements Best Describes Contracts

question 3

Multiple Choice

Which of the following statements best describes contracts?

• A) One advantage of forward contracts is that they are default free.
• B) Futures contracts generally trade on an organized exchange and are marked to market daily.
• C) Goods are never delivered under forward contracts, but are almost always delivered under futures contracts.

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Definitions:

Psychotherapy

A broad term for treating mental health problems by talking with a psychiatrist, psychologist, or other mental health provider.

Caring Relationships

Connections with others characterized by feelings of affection, concern, and support.

Therapeutic Alliance

Refers to the collaborative and trusting relationship between a therapist and a client, which is considered essential for effective therapy.

Individualism

A belief system advocating for the preference of individual autonomy over governmental or group interference.